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Business For Sale. Aircraft Parts And Salvage Business

LISTING DETAILS
Firms For Sale ID:
33250
Vendor reference:
8022-13-29
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,600,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$1,200,000
Net profit / cashflow:
$402,000
Years established:
1985
Number of employees:
5

OTHER DETAILS
Reason for selling:
Retiring
Support and training:
The seller will provide sufficient training to ensure a successful sand smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
A rare opportunity to own one of the largest aircraft parts and salvage company. This company has been successful over the past 25+ years. Founded in 1985, and operating just north of Edmonton, this company has grown to be one of the largest aircraft parts and salvage companies in the world. By providing quick service and quality used parts they are able to supply their customers with the ability to reduce their parts costs and provide them with minimal down time.
The company supplies used parts to the aeronautical industry around the world. The company has a great reputation and a long list of repeat clients. Their sales mix is divided into two sectors - North America 75% and International 25%. The business operates on 10 acres of leased land and a building space of approx. 22,000Sq. Ft. This company averaged sales of over $1.2M, a positive cash flow of $425K and their estimated asset value is approximately $2M which includes inventory of $1.9MM. The building and land lease are available for purchase separately. Here is a business that has a proven track record and would be an ideal acquisition opportunity that has room for growth. Alternatively it would be a great investment to compliment another lines of business. The seller will provide sufficient training to ensure a successful transition.

Expansion Potential
By adding new energy to new marketing ideas and doing trade shows, owner believes business has growth potential.